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Monday, March 4, 2013

How An Alleged €150 Million Check-Kiting Scam Bankrupted Leo Burnett In ...


Business Insider

How An Alleged €150 Million Check-Kiting Scam Bankrupted Leo Burnett In ...
Business Insider
Rather, the agency's chairman was allegedly operating a Ponzi-style check-kiting scam that fell apart when the TV company it was colluding with went out of business. This left Leo Burnett's subsidiary holding millions of euros in worthless checks that ...


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